2015 (3) TMI 1352

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....Piyush Kr. Kamal, Adv. ORDER H.S. Sidhu,   Revenue has filed this appeal against the Order dated 16.5.2013 passed by the Ld. Commissioner of Income Tax (Appeals)-XXX, New Delhi pertaining to assessment year 2010-11. 2. The grounds raised by the Department read as under:- "1. That on the facts and in the circumstances of the case and in law the Ld. CIT(A) erred in deleting....

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....2010. The case was selected for scrutiny under CASS on the basis of AIR information regarding cash deposits of Rs. 16,18,000/- in her saving bank account with SBI, IP Estate, New Delhi. 3.1 During the course of assessment proceedings, the assessee was required to explain the source of this deposit in her account. The assessee has explained the source of the deposit alongwith filing of affidavit....

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....ed 16.5.2013, Revenue is in appeal before the Tribunal. 6. At the time of hearing Ld. Departmental Representative has relied upon the order of the Assessing Officer and reiterated on the contentions raised in the grounds of appeal filed by the Revenue. 7. On the other hand, Ld. Counsel of the assessee relied upon the order of the Ld. CIT(A) and stated that the Ld. CIT(A) has passed a well re....

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....he is exempted from Income Tax u/s 10(26) of I.T. Act. The genuineness, credit worthiness and identity of Mr. W. Sutong is verified and found to be correct. Thus the assessee's version of truth was placed before A.O. also, but A.O. did not find any evidence contrary to above facts. Ld. CIT(A) further observed that the assessee's husband was working in Meghalaya House and he used to come across....